Search For "global commodity"
Crude recovers slightly after last week's losses
Updated : 2 years, 1 month ago IST
According to S&P Global Commodity Insights, the Intercontinental Exchange (ICE) April Brent futures contract rose by 21 cents/b (0.27 per cent) to USD 77.54/b, while the New York Mercantile Exchange (NYMEX) March light sweet crude contract increased by 11 cents/b (0.15 per cent) to USD 7
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Renewable ethanol producers challenge EU's FuelEU Maritime regulation in c
Updated : 2 years, 1 month ago IST
According to S&P Global Commodity Insights, the legal challenge, filed by companies representing a significant portion of the EU's renewable ethanol production, argues that the regulation infringes on key EU legislative procedures.
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Mild weather, high inventories pose challenges for Asia's Q1 LNG outlook:
Updated : 2 years, 1 month ago IST
According to S&P Global Commodity Insights (GCI), the clouded market outlook is expected to result in reduced procurement activity for spot volumes, despite significantly lower prices.
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ArcelorMittal offers amicable solution to Italy amid steelworks struggles
Updated : 2 years, 1 month ago IST
According to S&P Global Commodity Insights (GCI), the move comes as the Italian government signalled its intention to place the mill under special administration.
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LNG market watch: Red Sea tensions, economic factors shape global pricing
Updated : 2 years, 1 month ago IST
According to S&P Global Commodity Insights, milder temperatures, especially in Europe and the United States, contributed to a weakened outlook for LNG prices, while attention remained on the situation in the Red Sea, adding an element of uncertainty to market dynamics.
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Asian LSFO market faces headwinds in 2024 amid supply surplus and softenin
Updated : 2 years, 1 month ago IST
Analysts and trade sources suggest that new capacity additions, particularly from Nigeria's upcoming Dangote refinery, may contribute to surplus fuel oil availability in the region, according to S&P Global Commodity Commodity Insights (GCI).
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Asian iron ore prices face continued pressure amid subdued demand: S&P
Updated : 2 years, 1 month ago IST
Platts assessed the 62 per cent Fe Iron Ore Index at USD 127.65/dry mt CFR North China on January 17, marking a decline from the 19-month high of USD 143.2/dmt observed on January 2, as per S&P Global Commodity Insights data, according to S&P Global Commodity Insights (GCI).
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Asian refiners craft contingency plans amid Red Sea crisis: S&P GCI
Updated : 2 years, 1 month ago IST
While immediate impacts on near-term oil supplies appear limited, the situation has refiners contemplating alternative routes to ensure uninterrupted feedstock supply, potentially leading to increased insurance costs and squeezed refining margins, according to S&P Global Commodity Insigh
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China's UCOME prices hit 17-month low amid policy uncertainty and EU scrut
Updated : 2 years, 2 months ago IST
According to S&P Global Commodity Insights, platts data reveals a 42.12 per cent drop in Chinese UCOME prices to USD 955/mt on January 12, marking a 17-month low since August 2022.
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Bitcoin mining profitability poised for surge as spot ETFs gain approval
Updated : 2 years, 2 months ago IST
According to S&P Global Commodity Insights, the long-awaited decision has created a ripple effect in the Bitcoin community, with trading of these ETFs set to commence on January 11 on major platforms such as Cboe, NASDAQ, and NYSE.
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US greenhouse gas emissions dropped by 1.9 per cent in 2023: Rhodium Group
Updated : 2 years, 2 months ago IST
As mentioned in S&P Global Commodity Insights, this decline is significant as it comes after two years of emissions growth during the post-pandemic economic recovery.
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Shell and Harbour energy enter arbitration over pricing for UK crudes amid
Updated : 2 years, 2 months ago IST
According to S&P Global Commodity Insights This conflict arises as a consequence of EU sanctions against Russia, which triggered changes in Urals crude oil price assessments by Platts, affecting the pricing mechanism for West Shetland crudes, as revealed by Harbour Energy on January 11.
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